Over its history, Brazil has borrowed more from the rest of the world than it has loaned to the rest of the world. Brazil
A) eventually will have a balance of payments account that does not balance.
B) is a debtor nation.
C) is a creditor nation.
D) has no current account balance.

Question

Quizplus · Accepted Answer

Brazil being a debtor nation means it has borrowed more from the rest of the world than it has loaned, indicating it owes more to other countries than other countries owe to it.

Over Its History, Brazil Has Borrowed More from the Rest